Dynatrace (NYSE: DT) CRO logs RSU vesting and tax-share dispositions
Rhea-AI Filing Summary
Dynatrace, Inc. executive Dan Zugelder reported multiple equity award transactions in the company’s stock. On March 5, 2026, he acquired shares through the vesting and conversion of performance-based and time-based restricted stock units into common stock at a stated price of $0.00 per share.
Footnotes explain that each restricted stock unit represents a right to receive one share of common stock and either vests or is cancelled. Some common shares, totaling several thousand, were disposed of at $39.21 per share to cover tax withholding obligations upon vesting, rather than through open-market selling.
The footnotes also describe prior grant dates in July 2023 and June 2024 and outline scheduled vesting through June 5, 2026 and June 5, 2027, all subject to Mr. Zugelder’s continued employment on the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (Financial) | 13,918 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,388 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units (Financial) | 3,221 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,130 | $0.00 | -- |
| Exercise | Common Stock | 13,918 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,423 | $39.21 | $173K |
| Exercise | Common Stock | 6,388 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,969 | $39.21 | $77K |
| Exercise | Common Stock | 3,221 | $0.00 | -- |
| Tax Withholding | Common Stock | 993 | $39.21 | $39K |
| Exercise | Common Stock | 4,130 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,597 | $39.21 | $63K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units do not expire. They either vest or are cancelled prior to the vesting date. Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations upon the vesting of restricted stock units. Represents the vesting of restricted stock units based on financial performance ("Financial PSUs") granted on July 15, 2023. 33% of the Financial PSUs granted vested on June 5, 2024 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2026, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of time-based restricted stock units ("RSUs") granted on July 15, 2023. 12.5% of the RSUs granted vested on December 5, 2023 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of Financial PSUs granted on June 5, 2024. 33% of the Financial PSUs granted vested on June 5, 2025 and the balance of the Financial PSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates. Represents the vesting of RSUs granted on June 5, 2024. 33% of the RSUs granted vested on June 5, 2025 and the balance of the RSUs vest in equal quarterly installments thereafter until fully vested on June 5, 2027, subject to the Reporting Person's continued employment on the applicable vesting dates.